BRIEF-China Shenhua Energy To Buy Assets, Boost Capital In CHN Energy Finance

Reuters12-19 21:28
BRIEF-<a href="https://laohu8.com/S/CSUAY">China Shenhua</a> Energy To Buy Assets, Boost Capital In CHN Energy Finance

Dec 19 (Reuters) - China Shenhua Energy Co Ltd 601088.SS:

  • SAYS IT PLANS TO BUY 10 FIRMS AND STAKES IN ANOTHER TWO FROM CONTROLLING SHAREHOLDER AND ITS UNIT FOR TOTAL OF 133.6 BILLION YUAN ($18.97 billion)

  • SAYS CO AND CONTROLLING SHAREHOLDER PLAN TO JOINTLY INJECT 15 BILLION YUAN OF CAPITAL INTO CHN ENERGY FINANCE

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Further company coverage: 601088.SS

($1 = 7.0410 Chinese yuan renminbi)

(Reporting by Beijing Newsroom)

((yukun.zhang@thomsonreuters.com;))

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